1. Product Highlights
2. Brainpower tip
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Fix problems in their early stages. Recently, I was talking with a person who is the secretary for a professional organization. He takes the meeting minutes and then sends them to the Webmaster. But, the minutes come with such intense and crazy formatting that they are unusable. This formatting was never an issue until this person began taking the minutes. Now, the problem isn't that he's an idiot--he's actually quite bright. The problem is in his method. In talking with him, I suggested he use the "Paste Special / Unformatted" feature. He had never heard of it. His solution had been to have his secretary at work re-key the entire document! This is a huge waste of time. It's "fixing the problem after the product is built," rather than eliminating the problem at its source. Just so you get the context here, this is one difference between Porsche and Toyota. The Porsche people fix the problems after the cars are built, but the Toyota people eliminate the source of the problem. That's one reason why Porsches are very labor-intensive and productivity at Porsche is lousy, while Toyota is the highest productivity automobile maker on the planet. You can find details about this in the book Lean Thinking. Get it here. If you print out this eNL to read it, then go to www.mindconnection.com and hit your page down key. You'll see a big box of radio buttons on the left hand side. Select "Books" and type "Lean Thinking" in the search box. Then, hit "Go." |
| Many financial
advisors are saying you can--and should--protect your assets with a Family
Limited Partnership (FLP) or a Family Limited Liability Company (FLLC). They often exaggerate the benefits, so that they can sell you their services in setting one of these up. Yes, it's true that a typical creditor of a limited partner can't touch the assets of the FLP. However, that creditor can get an order that gives the creditor the right to any distributions made to the limited partner. This is of limited value. If the assets truly belong to the family, then this is as it should be. However, there is zero protection from the long, strangling arm of the American Taliban (AT). If you don't know who those criminals are by that name, simply sit down on April 15 each year and think for a few minutes. It might not be so bad if they didn't create alleged debts out of broadcloth and then engage in vicious and psychopathic behavior to collect on those alleged debts. When they see one of these trusts, they see it as a challenge. The largest dog on record was an English Mastiff. He weighed 323 lbs and was over 8 feet long. If you can imagine yourself peeing on his turf and then dealing with his reaction, you get a semblance of what you are in for when the AT believes you have set up an FLP or FLLC to thwart them--they won't like it when you pee on their turf. If your motives are pure and you can document that you created the FLP or FLLC for sound reasons that had nothing to do with stiffing creditors, then go ahead. If you use an FLP or FLLC to intentionally hinder or delay creditor claims, it's going to cost you. If the creditor is the AT, it will cost you dearly. |
| Many people believe
that lighting up their yards at night improves their home security. In
some neighborhoods, the light pollution (a phrase astronomers are using
all the time, these days) has gone beyond good taste and well into
absurdity. The truth is that most break-ins occur during the day, not at night--at least in the USA. Burglars don't want to encounter a home owner at home in the USA, because the government here hasn't put the brakes on our natural rights of self-defense. Not so in the U.K. or Australia, which is why their burglary rates have been soaring ever since their criminal protection acts went into effect. A criminal is much safer breaking into a home when the homeowner is miles a way at work, than trying to sneak in at night with the possibility of being confronted by an armed homeowner in fear of his/her life. By putting these lights all around your yard, you probably aren't increasing security. But you are letting the electric utility and the manufacturers of these lights rob you--your behavior says you literally have money to burn and don't mind burning it in their direction. What sense does that make? Use your home security money where it counts. Putting good deadbolts on your doors is one smart thing to do. Another is to keep your weapons and your marksmanship well-maintained. Don't think that a call to 911 is going to stop a violent criminal--by the time the cops finally arrive, it will be too late. Similarly, don't think that some lighting around your yard will ward off criminals--if anything, some will appreciate the light. You may deter the more sensible night-time criminals, but the truly whacko ones won't care how much light you have. |
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This is the time of year when many people are
desperate to lose the extra body fat they gained over the holidays. If
you didn't gain extra fat over the holidays, congratulations! Most people think that if they do aerobic exercise in combination with a fad diet and some herbal concoctions, they will get to their ideal weight. There are some problems with this line of thinking:
So, what should you do? Portion control should be your first line of defense. If you are a typical American, you eat about 30% more than you should. To lose the extra fat, cut your portions by one-third. It is that simple. If you go to a restaurant, ask for a second plate and then put half of your meal on that plate and ask the waiter/waitress to dispose of it. Eat the other half. No desert, either. By half, I mean half of each food item--no picking and choosing. Steak portions are nearly always double the appropriate size. I like to get the smallest steak on the menu and split it with someone. Failing that, I cut it in half and eat only half. Some would say this is wasteful. But which is more wasteful? Preventing the problem upfront, or trying to fix it after the fact with pills, surgery, and so on? Remember Porsche vs. Toyota. It is very wasteful to over eat. Many people say, "Yes, but I compensate for that big meal by eating less later." Oh, sure, you do. That's why you have the extra fat to lose, right? :) And, no, your overeating will not help a starving child in India. Eat the right amounts, and you will prevent many problems--medical, financial, emotional, and so on. |
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Life's all about choices. Choices have consequences. Think through the consequences before choosing. |
Wishing you the best,
Mark Lamendola
Mindconnection.com
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